More than 100 villas stand empty after they were built six years ago for locals in the Chinese city of Beihai, in the Guangxi Zhuang Autonomous Region
They
were built to cater to a new rising class of wealthy people who, it was
hoped, would invest in real estate and snap up the properties, many of
which are priced at over three million yuan (£285,900)
People invested savings from up to to three generations of one family just to buy the properties, but can't make use of them as they are too far from key city centres, meaning they are left with no residents at all.
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